In the next few months, UC will be streamlining its menu of investment fund options to make it easier to choose and monitor your UC Retirement Savings Program (403(b), 457(b) and DC Plans) investments.
The UC Retirement Savings Program’s fund menu currently offers more than 200 investment options. With so many choices, selecting the right investment funds can be time-consuming and confusing.
Beginning in March, the fund menu will be simplified to include a smaller number of investment options. The fund menu will continue to offer a wide variety of high-quality, lower-cost choices in a range of asset classes—including the UC Core Funds and a selected list of institutionally priced mutual funds.
If you are among those who have a balance in one or more of the funds that will no longer be included in the investment menu, you will receive detailed information about the changes and your options via mail and email. Letters announcing the change are scheduled to mail to the affected group in late January.
So, if you have balances in the affected funds, be on the lookout for communications from the UC Retirement Savings Program about the fund menu changes.
If you have any questions, call Fidelity Retirement Services at 866-682-7787. Representatives are available Monday through Friday (excluding New York Stock Exchange holidays) between 5 a.m. and 9 p.m. Pacific Time.